Staff Shortages Continue Delaying Inventories
OEMs have started the process of resuming operations at plants as they were pre-pandemic. While many employees have returned, most factories are still lacking key personnel. This creates extremely difficult challenges for automakers as they try to keep up with…
GM CEO Barra Encourages Young Girls to Consider a Career in the Auto Industry
Despite small glimpses of recent progress, women have continued to be underrepresented across the entire auto industry. According to data collected by Catalyst, women make up less than one-quarter of the automotive workforce, despite making up almost half of the…
Breaking: Jim Hackett Stepping Down from Ford Oct. 1, Jim Farley Named Next CEO
After three years of service, Jim Hackett is stepping down from his role as CEO of Ford Motor Company. Hackett will be succeeded by Jim Farley who has worked as the company’s Chief Operating Officer, overseeing projects and company developments…
Monday Morning Quarterbacking: How to Build a Champion Team
Here we are in the middle of another exciting football season. Some teams can't seem to do anything wrong; some can't do anything right. And then, there are all the teams in- between. Regardless of how the teams are faring,…
General Motors is Transforming Itself to Reflect a Transforming Industry
When it comes to foresight, General Motors is proving itself to be a leading Seer of Automotives. In a year when other Titans of the industry saw losses, the company came out ahead, and are projected to grow stronger, largely…
Ford and Volkswagen Join Forces
Volkswagon AG and Ford set the auto industry abuzz, announcing they’ve come to agreements regarding an alliance. According to Volkswagen, the plan is for the two companies to join forces in designing and manufacturing trucks and cars, with hopes to…
General Motors Names Mark Reuss President
General Motors is ringing in the new year with a new president. Thursday the company announced that Mark L. Reuss, a GM veteran, would assume the role immediately. The fifty-five-year-old Reuss has held several positions within the company, including executive…
A Recap of the Auto Industry from Q2 – Jeremy Acevedo, Industry Analysis Edmunds.com
Leadership at FCA has shifted. What do these mean for the car brand and automotive industry? To answer those questions and talk to us about other industry topics that include car subscriptions and interest rates is Jeremy Acevedo, Manager of…
The Titan of Turnarounds, Sergio Marchionne Dies at 66
Sergio Marchionne | June, 1952 - July, 2018 It is with a heavy heart that we announce that Sergio Marchionne has passed away. Marchionne had served as CEO of Fiat Chrysler Automotive until an illness forced him to unexpectedly resign.…
Hackett replaces Fields as CEO to transform Ford for the future
Mark Fields is ousted as CEO and will be replaced by Jim Hackett (former CEO of Steelcase). Hackett joined Ford’s board in 2013. He stepped down from the board in March of 2016 to become the chairman for Ford Smart Mobility. Some…
Lucid unveils the new Air, sets its sights on the Tesla Model S
Lucid Motors has been building up its first production vehicle, with lofty claims of industry-leading battery range and speed, since releasing a prototype at the end of 2016. Four years later, the production model is here. The EV maker unveiled…
How to ensure your dealership’s customer experience and buying journey sync up – Andrew...
As the retail automotive industry shifts to increased online sales, the customer experience is also shifting. So what does this mean for your operation? What can you do to stay ahead of the curve and continue to provide a high…
Major auto industry players aim to be carbon neutral
Emphasizing the commitment to developing green transportation and processes, several carmakers are announcing plans to move toward a carbon neutral position in manufacturing. While it isn’t a new strategy to reduce emissions and greenhouse gases for some of the largest…
As dealer sentiment improves, inventory woes deepen
On Sept. 8, Cox Automotive released the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI). Information collected from dealers surveyed in late July through mid-August was used to determine how they view the conditions in the auto market – strong,…
Vaccines and digital payments pave the way for car buyers to return to normal
For commerce to return to normal, much is riding on the development of a vaccine and digital payments. The "How We Shop" report by PYMTS.com sheds light on what consumers are thinking about as they change their shopping routines. In…
The role diversity plays in your dealership’s customer communications
Welcome back to Diversity in Automotive brought to you by TrueCar and CarNow. As you look across your customer base, there are several moving parts of communications that everyone has to get right. Externally, dealers have to represent the franchise…
Conducting customer interviews online to discuss F&I options
It’s time to face a new reality. Offsite deliveries aren’t going anywhere anytime soon. COVID-19 has forever changed the way car dealers do business, quite possibly forever if not for the foreseeable future. In growing numbers, more dealers performing offsite…
Auto investors make bold moves with this week’s tech company deals
Welcome to the first edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an automotive technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. This weekly CBT News series…
How to integrate diversity into your HR practices and dealership culture
Welcome to the first episode of Diversity in Automotive brought to you by TrueCar and CarNow, a weekly CBT News series focused on bringing a unique perspective to the conversation around diversity and inclusion in automotive retail. Hosted by the…
